Union Budget 2015-16 Highlights

1) Wealth Tax abolition

2) 2% additional surcharge on Super Rich with income of over Rs 1 crore

3) Corporate Tax reduced to 25%

4) 100% tax exemption for Swachh Bharat

5) Service Tax increased to 14%

6) Allocation of Rs 70,000 crore for Infrastructure sector

7) 5 ultra mega power projects of 4000 MW each

8) AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam.

9) IIT in Karnataka and PG institute of Horticulture in Armtisar.

10) University of Disability Studies in Kerala

11) Centre of film production, animation and gaming in Arunachal Pradesh.

12) IIM for Jammu & Kashmir and Andhra Pradesh

13) Rs. 2,46,726 crore allotted for Defence sector

14) 50,000 toilets constructed under Swachh Bharath Abhiyan. Targets 6 crore Toilets.

15) Housing for all by 2020

16) 80,000 Secondary Schools to be upgraded

17) Visa on Arrival for 150 countries